Bitcoin has so far outperformed the NASDAQ, S&P 500, Dow Jones, and gold combined
the tech-heavy NASDAQ as well as the S&P 500 and Dow Jones indices, according to data from MarketWatch.As of March 6, Bitcoin's year-to-date return stood at 32.23%, far exceeding the performance of the major stock indices and gold.
The recent sluggish performance of the bellwether cryptocurrency is linked to concerns about growing regulatory pressure. Additionally, increasing investor concern about inflation and interest rates may also be influencing demand for digital assets.
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